Debt laden dairy company Synlait Milk will raise close to $218 million from its two main shareholders to preserve its future.
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Earlier this month, Winstone Pulp International paused work at its two sites to consider its future.
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New research found more than half of people describe their financial position as “uncomfortable”, with women feeling it worse.
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Property investors will switch from being the “hunted” to the “hunters” as conditions improve for them, Kiwibank says.
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The decision is aimed at helping to ease the country’s energy supply constraints.
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The Finance Minister says she’s expecting “action” on the Commerce Commission’s recommendations for the banking sector.
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The troubled building products and construction firm made the appointment after a six month search.
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Operating earnings improved thanks to high wholesale electricity prices and changes in the value of unhedged financial assets.
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Only 17 percent of small businesses offer digital payment methods such as Apple Pay and Google Pay, Xero says.
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It’s a continuation of a trend that has seen sheep numbers dropping for the last decade.
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